$665,000 Last Listed Price
●
House -
Off Market
401 Aurora Street
Houston, TX 77008
2 Beds
2 Baths
1,446 Ft²
$754,908
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
"The Diamond House" - Charming bungalow with 2-3 bedrooms/2 baths,
study, and garage apt. Lovely corner lot (6,000 sq ft). Peaceful
setting: Mature shade trees, wonderful fenced backyard, fresh
professional landscaping. Historic architectural elements,
including diamond-shaped custom woodwork that adorns windows and
amazing screened-in porch. Kitchen with gleaming soapstone
counters, direct access to adjoining pantry/mud room with wine
refrigerator, second sink, and additional counterspace/cabinets for
extra storage. Plumbing and wiring updated by previous seller.
Studio apartment (rented through April 2022; More info - See Agent)
w/kitchen, bath, separate laundry above detached 2-car garage.
Double driveway, additional off-street parking behind garage (could
be reworked into even larger backyard). Nearby neighborhood
favorites (Halbert Park, Angela's Oven, Tenfold Coffee Co.),
walking distance to 19th Street, Heights Blvd, and Yale. Not in the
historic district. Zoned to Field Elem!
Unit Size
1,446 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$460
Property Type
House
Property Taxes
$1,217
HOA Dues
-
Year Built
1920
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (HAR #81627051)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by Compass RE Texas, LLC | $665,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
“The Diamond House” - Charming bungalow with 2-3 bedrooms/2 baths, study, and garage apt. Lovely corner lot (6,000 sq ft). Peaceful setting: Mature shade trees, wonderful fenced backyard, fresh professional landscaping. Historic architectural elements, including diamond-shaped custom woodwork that adorns windows and amazing screened-in porch. Kitchen with gleaming soapstone counters, direct access to adjoining pantry/mud room with wine refrigerator, second sink, and additional counterspace/cabinets for extra storage. Plumbing and wiring updated by previous seller. Studio apartment (rented through April 2022; More info - See Agent) w/kitchen, bath, separate laundry above detached 2-car garage. Double driveway, additional off-street parking behind garage (could be reworked into even larger backyard). Nearby neighborhood favorites (Halbert Park, Angela’s Oven, Tenfold Coffee Co.), walking distance to 19th Street, Heights Blvd, and Yale. Not in the historic district. Zoned to Field Elem!
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Elizabeth Gregory, Compass RE Texas, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 81627051
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Last Updated: 5 months ago
Data Source: HAR , MLS# 81627051
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